$2,290,000

$2,390,000For salePrice drop↓ $100,000 (4%)

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88 Olsen Drive, Toronto (Parkwoods-Donalda) - Single Family for Sale

88 Olsen Drive, Toronto (Parkwoods-Donalda), Ontario, M3A3J7

7 beds4 baths parking

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68 Pintail Crescent, Toronto (Parkwoods-Donalda), Ontario, M3A2Y7

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$899K

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6 bd2 ba4 pk1,300 ft²Lot size 35 × 129 ft (4,515 sq ft)

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Investment analysis

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$2,290,000

Toronto

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Description

Attention Investors, Builders, and End-Users! Exceptional real estate opportunity to acquire a premium detached executive residence backing onto Graydon Hall Park under Power of Sale provisions. This spacious 4+3 bedroom, 4-bathroom 2-storey brick home features an expansive 2,500-3,000 sq ft footprint on a deep 40.52 x 137.59 ft lot. Highly desirable, sun-drenched floor plan complete with hardwood flooring throughout, a custom gourmet kitchen, a beautifully landscaped backyard resort with an inground pool, and a separate side entrance to a finished 3-bedroom in-law/rental suite. Situated just minutes to Highway 401, Don Valley Parkway , TTC, Shops at Don Mills. (id:66096)

Property Details

MLS®: C13595826
Property Type: Single Family
Zoning: R-1
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 4
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 41 × 138 ft (5,573 sq ft)
Frontage: 41 ft
Storeys: 2
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax: $7,500/yr
Listed: 106 days ago

Rooms

Main level

Kitchen: 5.47 x 3.98 meters
Living room: 3.9 x 6.67 meters
Dining room: 3.7 x 3.62 meters
Family room: 3.71 x 5.76 meters

Second level

Primary Bedroom: 3.94 x 5.62 meters
Bedroom 2: 3.65 x 3.01 meters
Bedroom 4: 4.6 x 3.03 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Central Vacuum, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

106d

Toronto (Parkwoods-Donalda) listings, avg age

52d

Price / ft²

$833

List price

$2.29M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M3A)

This home lists at $2,290,000, about 26.9× the local median household income of $85,000.

Carrying it typically needs a household income of about $447,317 (20% down, 25-yr amortization, stress-tested) — roughly 426% above the area median.

Median household income: $85,000
Population: 34,361
Median age: 40.8
Owner / renter: 39% / 61%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3A)

$2,290,000· $833/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $458,000

Min 20%50%

Mortgage payment$9,766/mo

Property tax (est.)$625/mo

Total monthly$10,391

Cash Needed to Close

Down payment (20%)$458,000

Land transfer tax$87,450

Est. closing costs$9,370

Total cash needed$554,820

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

88 Olsen Drive, Toronto (Parkwoods-Donalda) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M3A)

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Full Cost Breakdown